while i wait for the bus at the unmarked bus-stop standing in the rain, the delimma illudes me, a non-existent person talking of economy, but it is funny too what is so apparent to a common man escapes the high men.
any ways it’s raining outside & i am in a bus now.
a few questions to ponder upon for industry planners
#will the huge cost burden caused by increased oil, effect the exports?
#what is cheaper -a combined intervention to stabilize the ex rate or the new cost burden.
#what if it impacts demand.
#the word subsidy burden-why is it a burden-can it be used?(in a way, it is money, liquid money!
globalization brought with it a huge market, in terms of choice, u have money! why not use it)
my time for today is up. see u later.
a bit wet, but otherwise fine, back to the core issues.
as i asked earlier will increasing prices (of oil, LPG) in a volatile exchange market better your balance sheets?
the eccentric nature of managing may show individual unit profits,
but we should start analysing the real profit of complete organization, systems.
before we move into core ‘oil issue’. the other effects of this price increase.
once the i/p costs are elevated, everything gets costly.
i will repeat the question, asked yesterday. if the exchange rate increase again-will prices be increased again? exchange rate changed again. now what?
we always miss the complete picture. increasing prices of a basic commodity, increases cost of everything it inputs into. if it has effect on product(final/input for next cycle)+people. you fertilize an spiral.
a better solution in a connected economy, is to hit the driver of trouble (the exchange rate).
i will come back to oil, before that let me continue with money. there is meaning in saying -oil this, oil that if the exchange rate keeps of falling. and our companies keep on drowning in burden.
lack of dollers is said to be driving the fall, but dollar is again an input.
well, got to catch a bus. see you again
hi, good morning! _/|\_
before i restart my engines to talk on oil.
an appeal to common people to support the sikkim population in this hard time, i just finished talking to a friend in Guwahati, people there too felt the tremors & are scared. Sikkim, things would be worst.
Always with you all, with prayers & with smiles.
and a special appeal again to let children be children.
yesterday, was a lot of bad news around. but we should remember -to live is still an act of glory. We build our own future.